Gas usage can go up if a revolutionary new technology gains a foothold

Mar 06: New technologies that may lead to a bigger usage of gas is now around the horizon. 8Power-to-gas is a storage solution that can help address grid-stability problems that arise when an increasing share of power is generated from sources that have a highly variable output, such as solar and wind. 8The technology is undergoing advanced study and approaching commercial application. 8A power-to-gas system converts electricity generated during periods of high output and low demand (such as strong wind during off-peak hours) by splitting water molecules into hydrogen and oxygen through electrolysis. 8The hydrogen is stored for future use as fuel and the oxygen may be sold for industrial use or released into the atmosphere.Click on Reports for more